TSMC (TSM): A.I. Continues to Drive Divergence

A.I. continues to drive divergence in European Union Semis, notes a Barclays analyst on TSMC (TSM). Barclays raised TSMC’s price target to $145 from $125. The analyst highlights that risks remain to the upside based on Barclays’ new proprietary global wafer model. George Tsilis discusses this and demonstrates a bullish example trade using TSMC. Tune in to find out more about the stock market today.

Trading 360

02 Apr 2024

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